2nd Global Enterprise Blockchain Benchmarking Study

Page 71

2nd Global Enterprise Blockchain Benchmarking Study

Public sector Table 5: What are the major challenges inhibiting broader blockchain adoption in the public sector? Respondents scored these categories on a 1-5 scale: 1: Not important at all   2: Not important   3: Neutral   4: Somewhat important   5: Very important Lowest average score

Highest average score Central banks

OPSIs

No compelling use case

3.93

2.88

Knowledge gap: poor understanding of the technology

4.00

4.29

Reluctance of changing established processes

3.79

4.08

Hype associated with unrealistic expectations

4.21

3.75

Lack of institutional support/buy-in

3.43

3.63

Public sector inertia

3.07

3.63

Lack of harmonised regulatory framework

3.27

3.50

Vendor immaturity

3.93

3.54

Lack of standardisation/interoperability

4.14

3.46

Doubts about technological durability

3.50

3.29

Shortage of skilled blockchain engineers/developers

3.93

3.83

Note: based on CCAF survey data.

Technical challenges Table 6: What are the main technical challenges that enterprise blockchain networks currently face? Respondents scored these categories on a 1-5 scale: 1: Not important at all   2: Not important   3: Neutral   4: Somewhat important   5: Very important Lowest average score

Highest average score Vendors

Security risks

3.20

Scalability issues

3.93

Performance concerns

3.71

Insufficient privacy and confidentiality guarantees

3.09

Immature technology that is not fit-for-purpose

3.00

Interoperatibility issues between DLT systems

3.40

Interoperatibility issues with legacy enterprise systems

3.19

Note: based on CCAF survey data.

71


Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.